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Net worth update per


This is Udbyttejæger's #6 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 2,633,400 and my FI portfolio increased to DKK 1,364,500


Net worth

DKK 2,633,400

Since the last update on my net worth has decreased with DKK -12,300 ( -0.46 %).

FI portfolio

DKK 1,364,500

Since the last update on my FI portfolio has increased with DKK 37,700 (+ 2.84 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in DKK.
Change
Cash 173,500 +16,000 189,500
Investments 682,300 +9,200 691,500
Retirement acc 471,000 +12,500 483,500
Real estate 1,200,000 0 1,200,000
Other assets 929,900 -50,000 879,900
Total assets 3,456,700 -12,300 3,444,400

Mortgage 811,000 0 811,000
Other debt 0 0 0
Total debt 811,000 0 811,000
Change
Cash 178,300 +11,200 189,500
Investments 613,100 +78,400 691,500
Retirement acc 453,700 +29,800 483,500
Real estate 1,200,000 0 1,200,000
Other assets 967,100 -87,200 879,900
Total assets 3,412,200 +32,200 3,444,400

Mortgage 823,000 -12,000 811,000
Other debt 0 0 0
Total debt 823,000 -12,000 811,000
Change
Cash 178,300 +11,200 189,500
Investments 613,100 +78,400 691,500
Retirement acc 453,700 +29,800 483,500
Real estate 1,200,000 0 1,200,000
Other assets 967,100 -87,200 879,900
Total assets 3,412,200 +32,200 3,444,400

Mortgage 823,000 -12,000 811,000
Other debt 0 0 0
Total debt 823,000 -12,000 811,000

I am now 27.3% on my way to achive my FIRE target of DKK 5,000,000. This is 0.8 percentage points closer, compared to the last net worth update.

DKK 1,364,500 FIRE target: DKK 5,000,000


27.3%

FI portfolio

My FI portfolio now consists of DKK 691,500 (50.7%) in investments, DKK 483,500 (35.4%) in retirement accounts, and DKK 189,500 (13.9%) in cash.

Investments

Since my last update, my investments increased with DKK 9,200 (1.35%), of which DKK 9,800 was from contributions, and DKK 29,100 was from returns.

Since I started tracking, my total contributions have been DKK 157,200, and my total return has been DKK -3,000.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 12,500 (2.65%), of which DKK 5,000 was from contributions , and DKK 20,300 was from returns.

Since I started tracking, my total contributions have been DKK 55,000, and my total return is DKK 20,200.




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be DKK 4,548 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,548/month
(4.0% SWR)
3,979/month
(3.5% SWR)
3,411/month
(3.0% SWR)


When can I retire?

FI date

My age

57

I am currently aiming to save/invest approximately DKK 7,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 5,000,000 in 11 years and 3 months, in , and at that time I will be 57 years old.

By that time I will have invested/saved another DKK 1,106,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 2,529,500


Financial independence forecast